Vantage funds R250m Vumatel expansion

Vantage Capital, Africa’s largest mezzanine fund manager, has disbursed the second and final tranche of a R250-million ($16,6-million) expansion capital facility to Vumatel. The funds will be used for the on-going expansion of Vumatel’s fibre-to-the-home...

What is corporate SA doing wrong in transformation?

Employment equity has been high on the agenda since 1998, yet it seems very little progress has been made, writes Sydwell Shikweni, transformation director at Merchants. The 16th Commission for Employee Equity (CEE) Report, recently released by the Department of...

Jacobson is new Xerox CEO

Jeff Jacobson has been appointed as the CEO of Xerox Corporation following the completion of the company’s planned separation into two publicly traded companies. Jacobson currently serves as president of Xerox Technology and will continue in his current role until the...

Curb unethical behaviour in a tough economic climate

Times are tougher, with the weak rand, rising cost of fuel and food coupled with the overall inflation meaning that many South Africans face ongoing financial stress. Such weak economic conditions can lead to an increase in unethical behaviour, conflict of interest,...

Mike Rees is Commvault territory account manager

Commvault has appointed Mike Rees as territory account manager for South Africa. His role will include driving new business whilst building and further forging relationships with existing customers. Rees will assist customers to keep abreast of their evolving...

SMEs could outsmart larger competitors

Economic uncertainty and the weakening rand, coupled with the declining credit rating of the country I,s cause for serious concern for South African companies. Although many of them are struggling under the current tough operating conditions, SMEs are more innovative...